i'll just receive cash via western union, and keep cash in safe deposit boxes. the bitcoin stuff seems risky as hell to me.
stockpiling 9mm and 7.62 ammo in storage units seems safer. lol
Yeah, dat dere cryptocurrency is seemingly an all-or-nothing investment. But if you consider some of your proceeds as risk capital, btc might be worth a try. Two benefits are:
i) you are accumulating property (that's what the IRS deemed btc recently) that might be hugely valuable in 5-10 years
ii) You can hold it in the digital world at no cost for as long as desired, then 'legitimize' it by transferring it to a btc exchange and selling it, thereby incurring capital gains tax -- no smurfs or otherwise overly complicated schemes needed. With the use of mixer services and having acquired the btc anonymously in the first place, there's no plausible recourse for the IRS to challenge your claim that you were an early adopter only now cashing in (and they're getting dat tax dollar, so are less liable to try).